Accounting for the Agricultural Industry

Darnells enjoys long-standing relationships with many farms, managed estates and rural businesses. We understand the complexities of running businesses where incomes can be variable and where decisions also need take account of long term plans for retirement, inheritance or diversification.

What makes our service unique is the exceptional lengths we go to to understand your circumstances and goals. We then offer advice that is perfectly matched to your situation.

In addition to accountancy and payroll services we offer highly individualised business advice including the following areas:

Retirement and Exit Planning

Often we are looking 10 years or more into the future, helping our clients to minimise their exposure to Inheritance and Capital Gains Tax. If you want to retain ownership of your farm while not actively working it, we will help you explore all of your options to achieve financial security.

Diversification

We help you evaluate different options for generating income from your land, identifying viable opportunities and helping to structure your business interests tax-efficiently. Depending on the business you want to set up we will draw on the expertise of sector specialists from across the Darnells team.

Planning Permission

If any part of your land holding is likely to have development potential within the next 10 years we recommend that you take steps now to minimise your future tax liabilities.

Renewable Energy

Whether it’s solar generation, wind or installing biomass for your own use, the business case for renewable energy is rarely straightforward. We help you work through the detailed financial implications and also stress-test the assumptions should, for example, subsidy levels change.

Taxation

We help you with everything from Inheritance Tax planning to managing the VAT implications of diversifying into non-farm related businesses. If you’re running a farm or rural business you already have plenty to do, so we will manage your personal tax arrangements, returns, working tax credits and deal with HMRC correspondence.

Meet the Team

Simon Wood FCCA

Partner

John Dollins

Senior Manager

Each department focuses on providing specialised and personalised service and our team is here to help you.